Key Points
- Insider buying: Schroders director Richard Oldfield purchased 26 shares at GBX 584 each, worth £151.84, following two earlier purchases of 43 shares each at the same price.
- Stock performance: Schroders shares opened at GBX 584, with a market capitalization of approximately £9.11 billion and a 52-week range of GBX 358.60 to GBX 599.50.
- Analyst outlook: The stock has an overall “Moderate Buy” rating, although Citigroup downgraded it to “Neutral.” Analysts’ average price target is GBX 453.33.
Schroders plc (LON:SDR - Get Free Report) insider Richard Oldfield purchased 26 shares of the firm's stock in a transaction that occurred on Thursday, August 20th. The stock was acquired at an average price of GBX 584 per share, with a total value of £151.84.
Richard Oldfield also recently made the following trade(s):
- On Monday, August 10th, Richard Oldfield acquired 43 shares of Schroders stock. The shares were acquired at an average cost of GBX 584 per share, for a total transaction of £251.12.
- On Wednesday, June 10th, Richard Oldfield acquired 43 shares of Schroders stock. The shares were acquired at an average cost of GBX 584 per share, for a total transaction of £251.12.
Schroders Stock Performance
Shares of SDR opened at GBX 584 on Friday. The firm's 50-day simple moving average is GBX 585.96 and its two-hundred day simple moving average is GBX 575.69. Schroders plc has a fifty-two week low of GBX 358.60 and a fifty-two week high of GBX 599.50. The stock has a market cap of £9.11 billion, a PE ratio of 13.43, a price-to-earnings-growth ratio of 1.28 and a beta of 1.08.
Schroders (LON:SDR - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported GBX 22.30 earnings per share for the quarter. Schroders had a return on equity of 15.55% and a net margin of 19.32%. Equities research analysts predict that Schroders plc will post 33.7347131 EPS for the current year.
Analyst Ratings Changes
Separately, Citigroup lowered shares of Schroders to a "neutral" rating and raised their price objective for the company from GBX 460 to GBX 590 in a research note on Thursday, April 30th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of GBX 453.33.
Read Our Latest Analysis on SDR
Schroders Company Profile
(
Get Free Report)
Schroders plc is a publicly owned investment manager. The firm also provides advisory and consultancy services. It provides its services to financial institutions, high net worth clients, large corporate, local authority, charitable entities, individuals, pension plans, government funds, insurance companies, and endowments. The firm launches and manages equity mutual funds and manages fixed income mutual funds for its clients. It also manages hedge for its clients. The firm invests in the public equity, fixed income, and alternative investment markets across the globe.
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